CostIndexUSA

Charleston, SC vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Charleston
101
overall index
$1,950/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is slightly cheaper than Charleston — 4.7% lower overall cost of living.

To match an $80,000 salary in Charleston, you would need $76,300 in Nashville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing12.7%
Charleston
119.8
Nashville
104.6
🛒 Groceries≈ Equal
Charleston
96.3
Nashville
96.2
🚗 Transportation3.2%
Charleston
103.2
Nashville
99.9
🏥 Healthcare3.2%
Charleston
93.4
Nashville
90.4
Utilities18.4%
Charleston
88.2
Nashville
72

Salary Equivalency Calculator

Enter your current salary in Charleston to see what you'd need to earn in Nashville to maintain the same purchasing power.

$
Equivalent salary in Nashville, TN
$76,300
$3,700 less needed in Nashville

Formula: salary × (96.3 ÷ 101) = salary × 0.9535. Based on BEA Regional Price Parities.

Housing Market

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Nashville, TN

Median Home Price
$444,000
Median Monthly Rent
$1,775
Housing Index
104.6
Price-to-Rent Ratio
20.8×

Charleston has 12.7% lower housing costs compared to Nashville.

Income & Job Market

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

Nashville, TN

Median Household Income
$84,700
Per Capita Income
$48,300
Unemployment Rate
2.6%
Population
689,447
Top Industries
HealthcareMusicTourismManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Charleston, SC
3.6×income-to-rent ratio

73% of income left after rent (median)

Nashville, TN
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.